Six of top 10 Indian firms add Rs 651b to market cap
Monday, 18 January 2010
MUMBAI, Jan 17 (Economic Times): In lacklustre trade last week, six out of top 10 companies added Rs 651.41 billion to their total market capitalisation.
The country's largest iron ore producer, NMDC, was the biggest gainer among the top 10 Bombay Stock Exchange-listed companies adding Rs 235.05 billion to its market cap at Rs 1897 billion last week. It moved up by one notch to the fourth position in the list.
Other companies which saw their valuation rising last week were Reliance Industries, NTPC, MMTC, Infosys and TCS.
Mukesh Ambani-led RIL maintained numero-uno position and added Rs 2383 billion to its market cap. Its valuation was Rs 3645.45 billion Friday last week.
On the other hand, four companies -- oil major ONGC, State Bank of India, Bharti Airtel and BHEL -- saw their total valuation declining by Rs 1539.09 billion last week.
The market cap of ONGC, the second most valued company on the Bombay Stock Exchange, dipped by Rs 738 billion to Rs 2594.81 billion.
Power producer NTPC was at the third spot and it added Rs 136.05 billion to market cap at Rs 1918 billion.
State-run trading firm MMTC slipped to the fifth place last week. Its market cap grew by Rs 78.7 billion to Rs 1844.09 billion.
Top outsourcing firm TCS climbed to sixth position from eighth as its valuation rose by Rs 1786.02 billion to Rs 1549.07 billion. IT bellwether Infosys Technologies added Rs 12099 billion to its valuation at Rs 1535 billion.
Private telecom major Bharti Airtel retained the ninth spot even as it lost Rs 30.56 billion from its market cap at Rs 1204.06 billion last week. BHEL was at the bottom of the table as its valuation dipped by Rs 2545 billion to Rs 1160.09 billion.
During the week, the BSE benchmark index Sensex gained 14.01 points or 0.07 per cent to close at 17,554.30 points at the end the Friday's trade on the BSE.
The country's largest iron ore producer, NMDC, was the biggest gainer among the top 10 Bombay Stock Exchange-listed companies adding Rs 235.05 billion to its market cap at Rs 1897 billion last week. It moved up by one notch to the fourth position in the list.
Other companies which saw their valuation rising last week were Reliance Industries, NTPC, MMTC, Infosys and TCS.
Mukesh Ambani-led RIL maintained numero-uno position and added Rs 2383 billion to its market cap. Its valuation was Rs 3645.45 billion Friday last week.
On the other hand, four companies -- oil major ONGC, State Bank of India, Bharti Airtel and BHEL -- saw their total valuation declining by Rs 1539.09 billion last week.
The market cap of ONGC, the second most valued company on the Bombay Stock Exchange, dipped by Rs 738 billion to Rs 2594.81 billion.
Power producer NTPC was at the third spot and it added Rs 136.05 billion to market cap at Rs 1918 billion.
State-run trading firm MMTC slipped to the fifth place last week. Its market cap grew by Rs 78.7 billion to Rs 1844.09 billion.
Top outsourcing firm TCS climbed to sixth position from eighth as its valuation rose by Rs 1786.02 billion to Rs 1549.07 billion. IT bellwether Infosys Technologies added Rs 12099 billion to its valuation at Rs 1535 billion.
Private telecom major Bharti Airtel retained the ninth spot even as it lost Rs 30.56 billion from its market cap at Rs 1204.06 billion last week. BHEL was at the bottom of the table as its valuation dipped by Rs 2545 billion to Rs 1160.09 billion.
During the week, the BSE benchmark index Sensex gained 14.01 points or 0.07 per cent to close at 17,554.30 points at the end the Friday's trade on the BSE.